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I took a hardship from my 401k but now my company sold and a complete disbursement was made to each employee.? |
I have been hired by the new company which also has a 401 with a different investment company. Do I still have to wait the balance of my 6 months from the time of hardship in order to participate with the new company??? Nope...that provisions stopped with the sale of your prior employer. That requirement is proably a plan issue with your old employers plan. The new plan eligibility requirements with the new employer is all that matters now. |
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